American Girl® Chicago Announces Move to Water Tower Place [June 2008]

American Girl, a division of Mattel, today announced plans to move its renowned retail and entertainment site, American Girl Place® Chicago, to Water Tower Place. Located at the pinnacle of the city's Magnificent Mile. Water Tower Place is one of America's Premier Shopping Places, owned and managed by General Growth Properties.

"American Girl Place Chicago redefined retailing when it first opened in 1998. The move in fall 2008 to Water Tower Place—one of the nation's most recognized shopping centers—provides us with even greater opportunities for growth, such as offering a fun new experience for girls and their families, expanding our Cafe to include a private dining area, and ultimately, serving more customers," said Wade Opland, American Girl's vice president of retail. "We're thrilled to be part of Water Tower's mix of unique retailers and believe the move will enhance our ability to celebrate girls in an unforgettable environment."

Home to premier retailers and the famed Ritz-Carlton hotel, Water Tower Place is a unique shopping destination unmatched by any other retail venue in Chicago. In addition to top-quality shopping, the eight-level atrium offers dining and entertainment options for family travelers.

Water Tower Place welcomes visitors from around the world with its Premier Perks program, which offers travelers a variety of special shopping and dining discounts and services. The center is recognized as one of America's Premier Shopping Places, an unparalleled collection of tourism-oriented shopping and dining destinations located throughout the U.S.A. For a complete listing of America's Premier Shopping Places and special offers for travelers, please visit americasshoppingplaces.com.

Water Tower Place is owned and managed by General Growth Properties, Inc., the second largest U.S.-based publicly traded Real Estate Investment Trust (REIT). General Growth has ownership interest or management responsibility for a portfolio of 209 regional shopping malls in 45 states, as well as ownership in planned community developments and commercial office centers. The company portfolio totals approximately 200 million square feet of retail space and includes over 18,000 retailers nationwide. General Growth Properties, Inc. is listed on the New York Stock Exchange under the symbol GGP. For more information, please visit the company Web site at ggp.com.